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This entry was published on 2014-09-22
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SECTION 1618
Equalization
Real Property Tax (RPT) CHAPTER 50-A, ARTICLE 16
§ 1618. Equalization. 1. The commissioner shall establish equalization
rates for a consolidated assessing unit in the manner provided by
article twelve of this chapter, except as otherwise provided by this
section.

2. Once the first final assessment roll of a consolidated assessing
unit has been completed and filed, each market value survey commenced
thereafter shall be conducted with respect to the consolidated assessing
unit as a whole, rather than with respect to the constituent
municipalities.

3. Beginning with the first equalization rate which is based upon a
market value survey of a consolidated assessing unit as a whole, the
commissioner shall establish equalization rates for the consolidated
assessing unit as a whole, and shall not establish such rates for the
constituent municipalities.

4. For purposes of the review and establishment of an equalization
rate for a consolidated assessing unit, the consolidated assessing unit
shall have the rights that would otherwise be applicable to a city or
town, including:

(a) The notice of completion of the tentative equalization rate for
the consolidated assessing unit shall be directed to the consolidated
assessing unit.

(b) The consolidated assessing unit shall be entitled to file a
complaint with respect to such rate.

(c) The certificate of final equalization rate for a consolidated
assessing unit shall be filed with the consolidated assessing unit.

5. When the commissioner has established a final equalization rate for
a consolidated assessing unit as a whole, school district and county
taxes within the consolidated assessing unit shall be apportioned
without the use of equalization rates, notwithstanding the provisions of
articles eight and thirteen of this chapter.